US Federal Reserve5 days agoUS borrowing costs hit fresh highs over inflation fearsThe effective interest rate on 10 years rose to 4.79%, its highest level since January 2025, as oil prices surged.5 days ago28 Aug 2026Fed has 'work to do' if price rises don't ease for Americans, Warsh says Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.28 Aug 202620 Aug 2026US national debt passes $40tn after doubling in a decadeIt comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.20 Aug 202629 Jul 2026'No magic wand' to tackle high prices, Fed boss says as US interest rates heldThe Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.29 Jul 202629 Jun 2026Supreme Court blocks Trump's attempt to fire Federal Reserve Governor Lisa CookThe decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts. 29 Jun 202622 Jun 2026Alan Greenspan, architect of the modern American economy, dies aged 100As chairman of the Federal Reserve, Alan Greenspan became the world's most high-profile banker.22 Jun 202617 Jun 2026Warsh to review how Fed works after holding US interest rates at first meetingThe Federal Reserve held rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.17 Jun 202622 May 2026Trump wants new Fed chair to be 'totally independent'The US president piled major pressure on Kevin Warsh's predecessor to cut interest rates.22 May 202613 May 2026Trump's Fed chair pick Kevin Warsh confirmed by US Senate Kevin Warsh was confirmed by the narrowest margin since the role required a Senate confirmation vote. 13 May 2026...
